Why are US dollars no longer backed by gold and silver? What is our medium of exchange, and what would it be like to live in a barter economy? Learners consider these questions, as well as learn about the major historical events in the...

How do countries fund wars? Learners examine the economics of warfare through a comprehensive study of what measures were taken to fund wartime activities during the American Civil War. They'll start by reading a newspaper article from...

Make history come to life by using the Frontier House series to engage young scholars in the past. Your class will "prepare" for a trip to 1833 Montana. They will learn about homesteading, frontier life, inflation, and cost of living....

This is a good Common Core question that relates inflation to operations with decimals and rounding. Young learners are asked to find out if an amount of money can purchase the same amount of movie tickets in 2012 as it did in 1987. They...

The 1980's was an interesting time for the American economic system. This presentation relates the lead to and the effects of Reaganomics, Trickle down economy, and Clintonomics. Embedded links, works cited, and images are included. A...

Students compare prices of good across the century in order to introduce the topic of inflation. They undertand the concepts of inflation and Consumer Price Index (CPI), use online calculators to figure the approximate cost of goods...

Learners investigate the concepts of inflation.

Twelfth graders explore the goals of economic growth, stability, full employment, freedom, security, equity, and efficiency as they apply to US economic policy. They is expected to analyze how economic growth, stability, and full...

Young scholars experience demand-pull inflation while gaining insight into three major sources of the '''too many dollars" which chase after the "too few goods and services. Students participate in an auction to experience inflation...

Students study inflation and its relationship to money and pricing. In groups, students examine how investment decisions have changed since the 1970's. After looking at a designated website, students discover the reason for printing...

Students define money in terms of its functions and refer back to discussion of markets and the role of money in reducing transaction costs. They give examples of types of money.

The United States Department of Labor provides comprehensive statistics on everything related to unemployment at the state, national, and international levels. Data is available for past years as well.

The Treaty of Versailles that ended World War I set the stage for increased world conflict because of the crushing reparations required of Germany. See how Adolf Hitler, over a series of years, used opposition to the terms of the treaty...

This definition of fiscal policy, prepared by Dr. Paul Johnson of Auburn University, is a very thorough definition of the concept, including hyperlinks to related topics.

Resource gives a history of money through the Civil War. It includes information about what influenced types of money to be made, Confederate currency, and Union currency.

By the end of this section, you will be able to do the following: Identify the causes and effects of inflation in various economic markets and Explain the significance of a converging economy.